Blockchain As the Ultimate Backbone of Space Data

What makes space and blockchain technologies go hand in hand, just like that? Just like space offers endless possibilities, so does blockchain. Imagine a world (or the orbit, for that matter) and its data being more connected and more widely expanded in the means of scalability, prevalence, and security.

Blockchain As the Ultimate Backbone of Space Data

Satellites — we use them more than we’re aware of!

Taking it up a notch

Blockchain to the rescue? Yes!

  • Blockchain can solve a number of trust and validation issues in ground station services. These are now handled entirely by clumsy paper contracts but can be replaced almost entirely by smart contracts. This is how HomePort already operates, and the main way to interconnect ground stations across the globe quickly.
  • A decentralized cloud already exists on the blockchain. Ephemeris Protocol enables its integration with the ground station network so that satellite data can be channeled directly into a zero-trust storage system that does not depend on a single company or private data centers for storage.
  • A distributed computing grid provides the crunching firepower necessary to process those crude satellite images into a tidy dataset with commercial value. The Ephemeris Protocol has an incentive system for users to provide any device’s computing power to the grid, processing bits of satellite data in exchange for rewards. In simple words, a decentralized supercomputer operated by everyone, fully accessible to space companies.
  • Straightforward and widely spread access to space data can supercharge agriculture, urban development, climate science, security, transportation, and weather services — in turn generating benefits for every human being. The Ephemeris Protocol enables the creation of decentralized marketplaces for satellite data, breaking up the bottlenecks in satellite imagery supply that make it almost impossible for smaller businesses to obtain valuable insights. More on this here.
  • Within the Ephemeris framework, end-users such as space companies and agencies can monetize their products and services fairly. It’s not just data that can be offered — existing services can expand into any segment of a space mission as Ephemeris grows.

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